Common use of Financial Statements; Servicing Facility Clause in Contracts

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Owner may make available to a prospective Owner a Consolidated Statement of Operations of the Servicer for the most recently completed three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Servicer, upon request, also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Servicer (and are available upon request to members or stockholders of the Servicer or to the public at large). The Servicer, if it has not already done so, agrees to furnish promptly to the Owner copies of the statements specified above. The Servicer also agrees to allow access to knowledgeable financial, accounting and servicing officers of the Servicer for the purpose of answering questions asked by any Owner regarding recent developments affecting the Servicer, its servicing practices or the financial statements of the Servicer. The Servicer also shall make available to Owner or prospective purchasers a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Servicer or the financial statements of the Servicer, and to permit any prospective purchaser to inspect the Servicer's servicing facilities for the purpose of satisfying such prospective purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement.

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Owner Purchaser may make available to a prospective Owner a Consolidated Statement purchaser the audited financial statements of Operations of the Company and the Servicer, which shall include information relating to the Company and the Servicer for the most recently completed three two fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Financial Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Servicer, upon request, Company and the Servicer also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Servicer Company or the Servicer, as the case may be (and are available upon request to members or stockholders of the Servicer Company or the Servicer, as the case may be, or to the public at large). The Servicer, if it has not already done so, agrees to furnish promptly to Company and the Owner copies of the statements specified above. The Servicer also agrees to allow access to knowledgeable financial, accounting and servicing officers of the Servicer for the purpose of answering questions asked by any Owner regarding recent developments affecting the Servicer, its servicing practices or the financial statements of the Servicer. The Servicer also shall make available to Owner the Purchaser or prospective purchasers purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Servicer Company or the Servicer, as the case may be, or the financial statements of the Company or the Servicer, and to as the case may be. The Servicer shall permit any prospective purchaser the Purchaser to inspect the Servicer's servicing facilities for the purpose of satisfying such prospective purchaser the Purchaser that the Servicer has the ability to service the Mortgage Loans as provided in this Agreement.

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Owner Purchaser may make available to a prospective Owner Purchaser a Consolidated Statement of Operations of the Interim Servicer for the most recently completed three five fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. Purchaser shall not make such statement available to any prospective Purchaser unless such prospective Purchaser has signed a confidentiality agreement with respect to the information provided with respect to Interim Servicer unless already publicly available. The Servicer, upon request, Interim Servicer also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Interim Servicer (and are available upon request to members or stockholders of the Interim Servicer or to the public at large). The Servicer, if If it has not already done so, agrees to the Interim Servicer shall furnish promptly to the Owner Purchaser copies of the statements statement specified above. The Servicer also agrees to allow access to knowledgeable financial, accounting and servicing officers of the Servicer for the purpose of answering questions asked by any Owner regarding recent developments affecting the Servicer, its servicing practices or the financial statements of the Servicer. The Interim Servicer also shall make available to Owner Purchaser or prospective purchasers Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Interim Servicer or the financial statements of the Interim Servicer, and to permit any prospective purchaser Purchaser to inspect the Interim Servicer's servicing facilities for the purpose of satisfying such prospective purchaser Purchaser that the Interim Servicer has have the ability to service the Mortgage Loans as provided in this Agreement.